Palm Bay Tower | Exceptional Investment Opportunity Now offered for sale, this exceptional residence in the iconic Palm Bay Tower features breathtaking direct bay views and spectacular natural light, with panoramic vistas spanning north, south, east, and west. An ideal opportunity for investors or visionary buyers looking to remodel and customize the space, unlock its full potential, and create a truly remarkable waterfront residence. Rare Added Value: This unit offers the unique possibility of connecting with Unit 21S, creating an opportunity to combine both residences into a larger, customized living space. A rare chance to invest in an iconic building, capitalize on extraordinary views, and transform this property into a stunning signature residence with exceptional potential. Special assessment $1,507.55 per month
CondoProperty Type
1972Year Built
$575Price/Sq.Ft.
$4,473/moHOA Dues
1 car garageParking
Listed by Melisa Gomez-Cuetara• Beachfront Realty Inc
Bayside, located between Biscayne Boulevard and Biscayne Bay, is a waterfront and retail Miami neighborhood with a marina promenade and open-air plazas. The neighborhood’s character concentrates along the Bayside Marketplace promenade by the marina, where music stages, boat slips, and sidewalk patios line the bayfront. Architecture reads as contemporary commercial blocks framed by palms, with constant movement between the Metromover and the docks. Bayside Marketplace anchors the scene with shops and courtyards, while the Skyviews Miami Observation Wheel marks the skyline at the water’s edge. Bayfront Park adds lawns and amphitheater programming beside the high-rises. The setting feels urban and coastal, with pedestrian routes stitched to transit and the baywalk.
Provided by Walk Score and Local Logic
Market insights
$1,700,000
DAYS ON MARKET
1 days
The average home goes pending in 116 days.
SALE-TO-LIST
94.5%
Most homes are selling 6% below list price.
LIST PRICE
$1,700,000
Median sale price in this area is $398,138. (77% lower than this home)
PRICE DROP
0 price drops
14% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
First-floor entry
Bedrooms
Bedroom on the main level
Bathrooms
5 full bathrooms
Flooring
Carpet
Exterior features
Bay-front waterfront
View
Home design
27 stories
Entry on the 21st floor
Parking
Garage with 1 space
Two or more parking spaces
1 covered parking space
Security
Fenced complex
Doorman
Secured elevator
Construction
Block construction
HOA & community
Association fee of $4,473 per month
Trash service
Pets allowed conditionally
Electricity and solar
View estimated energy costs and solar savings for this home
The Urban Center Zone consists of higher Density Mixed-Use Building types that accommodate retail and office Uses, rowhouses and apartments. A network of small blocks has Thoroughfares with wide Sidewalks, steady street tree planting and Buildings set close to the Frontages with frequent doors and windows.